850 Railway Lane Unit# 203
Okanagan Falls, BC V0H1R4
$359,000
Property Details
Property & Lot
- Sub-type
- Apartment
- Stories
- 1
Ownership & Fees
- Property type
- Condo / Apartment
- Ownership
- Strata
- Strata / maintenance fee
- $349/mo
- Annual property tax
- $1,370.6
Maintenance Fee Includes
Also included: Ground Maintenance, Sewer
Interior
- Heating
- Baseboard heaters, Electric
- Cooling / A/C
- Wall unit
- Fireplace
- Yes (1)
- Fireplace type
- Gas, Unknown
Exterior & Lot
- View
- Lake view, Mountain view
Parking
- Total spaces
- 1
Restrictions & Policies
- Pets
- Restrictions apply, Allowed with restrictions
As reported by the listing board — always confirm current bylaws with the strata or landlord before relying on this.
Room Dimensions
| Room | Level | Dimensions |
|---|---|---|
| 4pc Bathroom | Main level | — |
| Laundry room | Main level | 7'8'' x 1'10'' |
| Bedroom | Main level | 8'10'' x 9'8'' |
| Primary Bedroom | Main level | 16'6'' x 11'8'' |
| Kitchen | Main level | 14'3'' x 13'0'' |
| Dining room | Main level | 9'11'' x 10'11'' |
| Living room | Main level | 14'11'' x 14'10'' |
Listing Information
- MLS®
- 10398977
- Listed
- August 27, 2026
- Time on market
- On the market for 4 days
- Data last synced
- August 28, 2026
Listing provided by: Skaha Realty Group Inc. · Data source: CREA DDF.
Description
Welcome to this charming 2 bedroom condo in an unbeatable location, just minutes from the lake, beach, walking trails, KVR cycling trail, and Okanagan Park. Enjoy a bright, inviting open-concept layout designed for easy living and entertaining. Offered fully furnished and turnkey, this home is ready to enjoy from day one - perfect as a full-time residence, weekend getaway or low-maintenance Okanagan retreat. Two bedrooms provide flexibility for guests, family or a home office. Recent 2026 updates include new engineered wood flooring and a new hot water tank, adding to the move-in-ready appeal. The building is also pet-friendly, allowing one dog OR one cat. Everyday convenience is right outside your door, with a library just downstairs, a small grocery market right next door and several great local restaurants in Okanagan Falls. Enjoy world-class wineries throughout the surrounding Okanagan wine country, while Penticton's restaurants, markets, events, shopping and amenities are just a 15-minute drive away. With the lake, beach, parks and cycling all close by, this is your opportunity to embrace the Okanagan lifestyle! Fully furnished, conveniently located and ready to enjoy! Come view today! (id:63159)
Values & Trends
This listing
$350/sqft
Building average
$355/sqft
1 active listing(s)
Okanagan Falls average
$378/sqft
6 active listing(s)
Per-stall/locker dollar values aren't itemized in our data source — shown as included/not indicated only, not a fabricated estimate. $/sqft averages are computed live from other active listings, not a third-party model.
Location Insights
Weather
Nearest station: Penticton
17°C
Mainly Clear
Humidity 67%
Wind NE 4 km/h
Tonight
12°
Tuesday
27°
Tuesday night
15°
Wednesday
24°
Wednesday night
13°
Thursday
19°
Source: Environment and Climate Change Canada.
Location Accessibility
Our own metric — not an official Walk Score®.
Amenities
33
5/9 categories nearby
Transit
—
Not enough data yet
How this is calculated
Amenities: points awarded per category (restaurants, cafes, grocery, parks, shopping, gyms, pharmacies, banks/ATMs, healthcare) based on distance to the nearest one — 3 points under 200m, 2 points under 500m, 1 point under 800m — summed across all 9 categories and scaled to 0–100.
Transit: based on the number of transit stops within 800m and their mode (SkyTrain weighted highest, then streetcar/ferry, then bus). This reflects stop type and count only — our data doesn't include how often a route actually runs, so frequency is never factored in.
Both scores depend on how much of the surrounding area has been synced from OpenStreetMap and TransLink's GTFS feed. A lower score can mean fewer amenities nearby, or simply that this area hasn't been fully synced yet — not a confident measurement of the location itself.
Nearby Schools
| School | Type | Distance |
|---|---|---|
| Okanagan Falls Elementary | Elementary | 416 m |
| Kaleden Elementary | Elementary | 4.9 km |
| Princess Margaret Secondary | Secondary | 13.0 km |
| Wiltse Elementary | Elementary | 14.0 km |
| Holy Cross School(Independent) | Elementary/Middle | 15.6 km |
| Columbia Elementary | Elementary | 15.7 km |
| Penticton Christian School(Independent) | K-12 | 16.0 km |
| Entre-lacs | Elementary/Middle | 16.2 km |
Schools shown by distance from this property. This does not indicate school catchment or enrollment eligibility — contact the school district to confirm catchment boundaries.
Nearby Transit
No TransLink stops within an ~10-minute walk.
Nearby Places
Cafes (1)
- Rise and Shine Coffee House501 m
Parks (4)
- Kenyon Park223 m
- Lions Park235 m
- Christie Memorial Park423 m
- Centennial Park528 m
Shopping (1)
- Unnamed · 5350 9th Avenue81 m
Pharmacies (1)
- Pharmasave250 m
Banks & ATMs (1)
- Interior Savings & Credit Union · 4929 9th Avenue501 m
Nearby places data: © OpenStreetMap contributors.
School district: Okanagan-Similkameen (SD53)
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Mortgage & Ownership Cost Calculator
Minimum required: 5.0% ($17,950) — 5% under $500K, 10% up to $1.5M, 20% at/above $1.5M.
Financial Ledger
Rates based on Bank of Canada benchmark data.
Financial Summary
Cash Needed at Closing
Minimum down payment: 5% on the first $500,000, 10% on the portion up to $1.5M, 20% at/above $1.5M. Stress test: OSFI's minimum qualifying rate, the greater of contract rate + 2% or 5.25% — this is what lenders require you to qualify at, not what you'll actually pay. Closing costs are a typical-range estimate, not a quote — actual legal fees vary. Verify all figures with a mortgage broker and lawyer before relying on them.